All Forum Posts by: Rick Bassett

Thank you Rick.

I completely agree and know that I have to wait for awhile to be able to considered for investments. My only concern here is that based on what I've read in BP and from general knowledge in real estate investments is NOT to buy a property in all cash, rather get better deals with mortage. But since that might be out of the question for awhile, it might be logical to invest somewhere that we could afford all cash, rather than wait for a mortgage option to come up.

We sell ANY kind of business (except adult and pot related).  From a local convenience store to multi-million dollar healthcare facilities and everything in between.

For example, I recently sold a group of 9 assisted living facilities.  That would have been a $135,000 referral fee.  An FBO at a small airport (airport operations company) $37,000.  A precast concrete company, $130,000.  A home care company, $61,000.  A pair of small motels, $61,000.

Make an introduction, make a nice fat check!

I can NOT work in the following states:

• Alaska, Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois , Minnesota, Nebraska, Nevada, Oregon, South Dakota, Utah, Washington, Wisconsin and Wyoming.  These states all require a real estate license to sell a business.

My main focus is New England (Mass, Connecticut, Rhode Island, Maine, New Hampshire, Vermont) - but can work elsewhere as well.

Want to chat?  Give me a call during Eastern Time Zone business hours at 207-352-1000, or if you're near Augusta, Maine, let's have coffee.

Charlie MacPherson, Business Broker
Inbar Group, Inc.
12 Shuman Ave, #10
Augusta, ME 04330
[email protected]

Hi Matt,

I'm in Branford. I'm a rookie. hoping to get started with STR's soon as I find some money, lol.

Hi everyone,
Excited to be a part of the BP community - I've spent a lot of time reading passively through the forums and listening to the podcasts, and am at a point now finding my first deal!

A bit about myself...I'm currently based abroad but have family in the Westerly/Groton area of Rhode Island and Connecticut, which I call home and frequently go back to. My goal starting out is to find a multi-family (2-3 unit) that I can gain some experience with, and then build out my portfolio into eventually larger multi-family properties down the road. I've started to build out my team (agent, lenders, contractors) in the area and have now started looking for deals.

Would love to build up my network of real estate professionals and investors in the area - let me know if you are interested in connecting and/or have any meetups or other events to recommend there!

Mat

This might rub some people the wrong way

I recently moved to Connecticut I'm trying to do my first fix and flip I've been sending offer using 70% but it seems to be too low for the market area. Any tips or advise. Thank you 

I have signed contract for SFR on a vacant property. Owner does not live in house and it's currently empty. Purchase and sale is signed. I have to only wait for bank to complete the closing formalities, but I am confident that closing will go smoothly (my DTI, closing funds and property purchased 15% below market - all positive points). My question is is there a proper and safe way to utilize this wait period and start a paint work before closing. This will allow me to start renting it immediately after closing. I understand in the worst case I might lose $$ spent on paint rehab. But is this something investors do?